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3 years ago

10

A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11 years with the first cash f

low today. At a discount rate of 4.2%, what is the doggy estate worth in today's dollars?

2 answers:

Airida [17]3 years ago

6 0

Answer is 400 please give me 5 stars

SpyIntel [72]3 years ago

4 0

$20,000x4.2%=19,160.00

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